Labour’s business tax raids have been condemned by a Question Time audience, with one woman telling Cabinet minister Jonathan Reynolds she has been put off creating a start-up.
The Business Secretary was asked by Jill Harris whether the planned increase in taxes will harm the economy and how the Government can hope to encourage entrepreneurship with the raid.
BBC host Fiona Bruce asked Ms Harris how the changes will affect her. The audience member said that while the National Insurance change has a limited effect on her business because she only has a small number of employees, she knows others who are impacted.
She said: “I have a friend who is a hairdresser and his costs are going to go up £2,000 a month as a result of the increase in the national minimum wage and also changes to National Insurance.”
Mr Reynolds insisted the Government is protecting small businesses and …